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    147 Water Street Fitchburg, MA 01420 Fitchburg, MA 01420

    • Retail residential properties
    For Lease
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail residential properties

    Property Details for 147 Water Street Fitchburg, MA 01420

    Property type
    Retail residential properties

    Description

    BUILDING DESCRIPTION For Lease BUILDING HIGHLIGHTS High visible endcap with drive through on Route 12 in Fitchburg, MA Shadow anchor to Central Plaza, a Market Basket and Crunch Fitness shopping center Join Family Dollar, Domino’s and Green Leaf Dispensary Prominent pylon sign Ample parking field allows for easy customer access

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fitchburg
    County
    State
    Massachusetts
    Longitude
    -71.7914
    Latitude
    42.5771

    Comparable in this City

    • Value Estimation by Request
      136.57 Acres

      840 Oak Hl Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 136.57 Acres
      840 Oak Hl Rd, Fitchburg, MA 01420-6715
      View Details
    • Value Estimation by Request
      2.32 Acres

      419 Ashby W Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2.32 Acres
      419 Ashby W Rd, Fitchburg, MA 01420-6617
      View Details
    • Value Estimation by Request
      9,354 SF

      655 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 9,354 SF
      655 Main St, Fitchburg, MA 01420-3107
      View Details
    • Value Estimation by Request
      9,678 SF

      149 Lunenburg St, Unit 155

      OFFICE/RESIDENTIAL (MIXED USE) • 9,678 SF
      149 Lunenburg St, Fitchburg, MA 01420-4461
      View Details
    • Value Estimation
      $360,000
      19,190 SF

      385 Main St, Unit 405

      OFFICE/RESIDENTIAL (MIXED USE) • 19,190 SF
      385 Main St, Fitchburg, MA 01420-8006
      View Details
    • Value Estimation
      $665,000
      8,500 SF

      773 Main St, Unit 779

      OFFICE/RESIDENTIAL (MIXED USE) • 8,500 SF
      773 Main St, Fitchburg, MA 01420-3111
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Contact for pricing
      2,900 SF

      Retail Space on John Fitch Highway

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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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